On 24 February 2016, the CBI's Director of Insurance Supervision delivered a speech (on the activity of the Insurance Directorate) to the Insurance Ireland's Milliman CRO Forum.  Key issues highlighted included (a) redesign of the CBI's engagement model, (b) development of a bespoke model low impact undertakings involving a proportionate amount of pro-active (rather than solely reactive) supervision and (c) that the focus of insurance supervision in 2016 will be on insurance risk (e.g. pricing, and reserving and embedding of risk management). Indications of focuses for the future included emphasis on culture within undertakings (including driving risk management at the senior level) and a likely thematic review of cyber risk.